MFS Municipal Income Trust Company Profile (NYSE:MFM)

About MFS Municipal Income Trust

MFS Municipal Income Trust logoMFS Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies or instrumentalities. The Fund invests in industries, including healthcare, tobacco, water and sewer utility, universities-colleges and universities-secondary schools. It has investments in areas, including Alabama, Alaska, Arizona, California, Colorado and Florida. The Fund's investment advisor is Massachusetts Financial Services Company (MFS).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MFM
  • CUSIP:
Key Metrics:
  • Previous Close: $6.98
  • 50 Day Moving Average: $6.88
  • 200 Day Moving Average: $7.02
  • 52-Week Range: $6.51 - $7.63
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.01
Additional Links:
Companies Related to MFS Municipal Income Trust:

Analyst Ratings

Consensus Ratings for MFS Municipal Income Trust (NYSE:MFM) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for MFS Municipal Income Trust (NYSE:MFM)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for MFS Municipal Income Trust (NYSE:MFM)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for MFS Municipal Income Trust (NYSE:MFM)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for MFS Municipal Income Trust (NYSE:MFM)
Annual Dividend:$0.38
Dividend Yield:5.44%
Dividend Growth:-5.00% (3 Year Average)
Payout Ratio:

Dividend History for MFS Municipal Income Trust (NYSE:MFM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/2/2017monthly$0.035.39%2/14/20172/16/20172/28/2017
1/4/2017monthly$0.035.51%1/17/20171/19/20171/31/2017
7/2/2015monthly$0.036.18%7/14/20157/16/20157/31/2015
6/2/2015monthly$0.036.17%6/16/20156/18/20156/30/2015
5/4/2015monthly$0.035.95%5/12/20155/14/20155/29/2015
3/3/2015monthly$0.035.89%3/17/20153/19/20153/31/2015
2/3/2015monthly$0.035.53%2/17/20152/19/20152/27/2015
1/5/2015monthly$0.035.81%1/13/20151/15/20151/30/2015
12/2/2014monthly$0.036.06%12/16/201412/18/201412/31/2014
11/4/2014monthly$0.036.03%11/18/201411/20/201411/28/2014
10/2/2014monthly$0.036.06%10/14/201410/16/201410/31/2014
9/3/2014monthly$0.036.13%9/16/20149/18/20149/30/2014
8/4/2014monthly$0.036.22%8/12/20148/14/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for MFS Municipal Income Trust (NYSE:MFM)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 9.56%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/23/2014Maryanne L RoepkeDirectorBuy1,862$6.49$12,084.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for MFS Municipal Income Trust (NYSE:MFM)
DateHeadline
streetinsider.com logoForm NSAR-B MFS HIGH INCOME MUNICIPA For: Nov 30 (NYSE:MFM)
www.streetinsider.com - January 26 at 12:57 AM
4-traders.com logoMFS Investment Grade Municipal Trust : Announces Closed-End Fund Distributions (NYSE:MFM)
www.4-traders.com - January 4 at 7:21 PM
News IconMFM Dividend History & Description — MFS Municipal Income Trust (NYSE:MFM)
www.dividendchannel.com - December 23 at 6:43 PM
4-traders.com logoMFS Investment Grade Municipal Trust : Sentiment Increases on Better Stock Potential (NYSE:MFM)
www.4-traders.com - September 25 at 5:28 PM
seekingalpha.com logoMFS High Income Municipal Trust goes ex-dividend today (NYSE:MFM)
seekingalpha.com - September 21 at 10:14 AM
forbes.com logoSecure Funds with Tax-Equivalent Yields of 10% or Higher (NYSE:MFM)
www.forbes.com - June 17 at 5:58 PM
finance.yahoo.com logoMFS Announces Closed-End Fund Distributions (NYSE:MFM)
finance.yahoo.com - January 4 at 4:25 PM
thestreet.com logo4 Fantastic Closed-End Muni Bond Funds to Boost Your Income (NYSE:MFM)
www.thestreet.com - November 15 at 12:15 PM

Social

What is MFS Municipal Income Trust's stock symbol?

MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."

How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?

MFS Municipal Income Trust announced a monthly dividend on Thursday, February 2nd. Investors of record on Thursday, February 16th will be given a dividend of $0.031 per share on Tuesday, February 28th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date is Tuesday, February 14th.

How do I buy MFS Municipal Income Trust stock?

Shares of MFS Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MFS Municipal Income Trust stock cost?

One share of MFS Municipal Income Trust stock can currently be purchased for approximately $6.98.

MFS Municipal Income Trust (NYSE:MFM) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for MFS Municipal Income Trust (NYSE:MFM)

Earnings History Chart

Earnings by Quarter for MFS Municipal Income Trust (NYSE:MFM)

Dividend History Chart

Dividend Payments by Quarter for MFS Municipal Income Trust (NYSE:MFM)

Last Updated on 2/24/2017 by MarketBeat.com Staff